PLDT secures a P1-billion green loan from HSBC Philippines for fiber network upgrades, aimed at energy efficiency and decarbonization.
PLDT secures a P1-billion green loan from HSBC Philippines to fund the upgrade and expansion of its fiber network, aimed at improving energy efficiency and reducing energy costs while meeting decarbonization goals. This marks HSBC's first green loan facility for a Philippine-based telco. The loan is aligned with Green Loan Principles and supports PLDT's commitment to sustainable business practices.
March 06, 2024
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